Yeah so far the only people I've heard saying it's not real-time are just random people speculating based on the fact that it just looked too damn good to be true...
as I said in the Nintendo Press Conference thread, even if it does graphically end up looking that good in game, that demo's scripting (or scripted-quality non-scripting
) did seem to aim a bit high...
If they could have
that many characters running around with their own fun AI doing a bunch of unique things, taking advantage of different situations, etc, that'd be quite amazing... But at this, that to me seems less believable to me than the game's graphics...